Monday, October 3, 2022
Bitcoin and CBDC: Co-existence of private money

Bitcoin and CBDC: Co-existence of private money

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When I read through nChain’s recently published CBDC playbook, I stumbled on quite an interesting part. On page 8 of the document, nChain presents the basics a functioning CBDC should follow, referring to the principles laid out by the Bank of International Settlements (BIS). The BIS published an executive paper concerning CBDCs and their foundational principles as well…
Zero-Knowledge private machine learning on Bitcoin

Zero-Knowledge private machine learning on Bitcoin

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This post was first published on Medium. Previously, we have demonstrated running a fully fledged deep neural network on Bitcoin, where both the input and the model of the machine learning (ML) algorithm are public. In practice, it is often desirable to keep the input or model off chain and thus private, while still ensuring the…
Jesse Powell of Kraken joins ‘crypto’ CEO skedaddle

Jesse Powell of Kraken joins ‘crypto’ CEO skedaddle

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Jesse Powell, the controversial co-founder of the Kraken digital asset exchange, is the latest ‘crypto’ CEO to surrender the reins of power as the market tanks and authorities probe financial wrongdoing. On Wednesday, Kraken announced a ‘leadership succession plan’ that will see Powell relinquish the CEO position to make room for David Ripley, the company’s…
Satoshi Nakamoto is a serial troll killer

Satoshi Nakamoto is a serial troll killer

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The Granath v Wright trial in Norway is over. We basically saw a professional internet troll trying to justify his intense campaign of cyber-bullying of a fellow human being. From what we could hear of Granath and his witnesses, there seems to be the idea that hurting a person online is alright if enough anonymous psychopaths…
Iran pushes to rein digital assets with the launch of ‘crypto rial’

Iran pushes to rein digital assets with the launch of ‘crypto rial’

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Home » Business » Iran pushes to rein digital assets with the launch of ‘crypto rial’ Iran has been home to a vast number of BTC miners over the last two years and made significant stride in the adoption of virtual currencies as a means of evading economic sanctions. However, Iran is not keen on advocating…
Australia’s financial regulator increases staff strength following Ethereum’s Merge

Australia’s financial regulator increases staff strength following Ethereum’s Merge

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Home » Business » Australia’s financial regulator increases staff strength following Ethereum’s Merge The Australian Securities and Investments Commission (ASIC) has increased the number of personnel keeping an eye on the digital asset industry in the country. The Guardian reports that the decision to bolster its rank was predicated on the need to protect investors from the…
Brazil court orders ‘Bitcoin Pharaoh’ to return $3.7B to Ponzi scheme victims

Brazil court orders ‘Bitcoin Pharaoh’ to return $3.7B to Ponzi scheme victims

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Home » Business » Brazil court orders ‘Bitcoin Pharaoh’ to return $3.7B to Ponzi scheme victims A Federal Court in Rio de Janeiro has ordered Glaidson Acacio dos Santos to deposit the sum of $3.7 billion to investors. The court earmarked the amount as reimbursement to victims of the defendant’s alleged Ponzi scheme. Widely known as the…
China expands CBDC testing to 4 new provinces as adoption rates skyrocket

China expands CBDC testing to 4 new provinces as adoption rates skyrocket

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Home » Business » China expands CBDC testing to 4 new provinces as adoption rates skyrocket The People’s Bank of China (PBoC) has announced that it will be shifting the frontiers of the digital yuan to four additional regions. According to the South China Morning Post, the digital yuan will be tested in provinces, away from…
New US bill seeks to ban UST-like algorithmic stablecoins for 2 years

New US bill seeks to ban UST-like algorithmic stablecoins for 2 years

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Home » Business » New US bill seeks to ban UST-like algorithmic stablecoins for 2 years Terra’s multi-billion-dollar collapse in May was a turning point for digital asset regulations, and since then, many jurisdictions have tightened their oversight over the sector. The U.S. Congress is the latest, and with a new proposed bill, it would ban “endogenously…
Philippines: Policy think tank Infrawatch PH wants central bank to curb Binance’s back-door reentry

Philippines: Policy think tank Infrawatch PH wants central bank to curb Binance’s back-door reentry

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Home » Business » Philippines: Policy think tank Infrawatch PH wants central bank to curb Binance’s back-door reentry Binance should not be allowed back into the Philippines market, and its latest efforts to find a way around its ban must be thwarted, Infrawatch PH has stated. The think tank wants Bangko Sentral ng Pilipinas (BSP)…
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